UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 12b-25
NOTIFICATION OF LATE FILING
Commission File Number: 000-52781
|_| Form 10-K |_| Form 20-F |_| Form 11-K |X| Form 10-Q
|_| Form 10-D |_| Form N-SAR |_| Form N-CSR
For the Period Ended: February 28, 2009
|_| Transition Report on Form 10-K
|_| Transition Report on Form 20-F
|_| Transition Report on Form 11-K
|_| Transition Report on Form 10-Q
|_| Transition Report on Form N-SAR
For the Transition Period Ended:
Nothing in this form shall be construed to imply that the Commission has
verified any information contained herein.
If the notification relates to a portion of the filing checked above, identify
the item(s) to which the notification relates:
PART I
REGISTRANT INFORMATION
Laureate Resources & Steel Industries Inc.
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Full name of Registrant
N/A
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Former name if applicable
100 Wall Street, 21st Floor
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New York, NY 10005
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Address of principal executive office
PART II
RULE 12b-25 (b) AND (c)
If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25 (b), the
following should be completed. (Check box if appropriate.)
|X| (a) The reasons described in reasonable detail in Part III of this form
could not be eliminated without unreasonable effort or expense;
|X| (b) The subject annual report, semi-annual report, transition report on
Form 10-K, Form 20-F, Form 11-K, Form N-SAR or Form N-CSR, or
portion thereof, will be filed on or before the fifteenth calendar
day following the prescribed due date; or the subject quarterly
report or transition report on Form 10-Q or subject distribution
report on Form 10-D, or portion thereof will be filed on or before
the fifth calendar day following the prescribed due date; and
(c) The accountant's statement or other exhibit required by Rule
12b-25(c) has been attached if applicable.
PART III
NARRATIVE
On January 7, 2009, Mr. Gerald P. Sullivan resigned as Chief Financial
Officer of Laureate Resources & Steel Industries Inc. (referred to herein as the
"Company"). Mr. Mathias Kaiser has been appointed to replace Mr. Sullivan as
Chief Financial Officer. As a result of the transition of the Company's Chief
Financial Officer, the process of compiling and disseminating the information
required to be included in the Form 10-Q for the fiscal quarter ending February
29, 2009, as well as the completion of the required review of the Company's
financial information, could not be completed without incurring undue hardship
and expense. The Company undertakes the responsibility to file such report no
later than five days after its original due date.
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PART IV
OTHER INFORMATION
(1) Name and telephone number of person to contact in regard to this
notification
Mathias Kaiser, Chief Financial Officer, 011-41-43-544-8085.
(2) Have all other periodic reports required under Section 13 or 15(d) of the
Securities Exchange Act of 1934 or Section 30 of the Investment Company Act of
1940 during the preceding 12 months or for such shorter period that the
registrant was required to file such report(s) been filed? If the answer is no,
identify report(s).
|X| Yes |_| No
(3) Is it anticipated that any significant change in results of operations from
the corresponding period for the last fiscal year will be reflected by the
earnings statements to be included in the subject report or portion thereof?
|_|Yes |X| No
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Laureate Resources & Steel Industries Inc.
(Name of Registrant as Specified in Charter)
Has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.
Date: April 14, 2009
By: /s/ Mathias Kaiser
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Name: Mathias Kaiser
Title: Chief Financial Officer
ATTENTION
Intentional misstatements or omissions of fact constitute Federal Criminal
Violations (See 18 U.S.C. 1001).
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